Kuwait - Trade Openness 2008
92.68%
+0.95% from 2007
Kuwait's trade openness was 92.68% in 2008, increased +0.95% from 91.73% in 2007. This was the 103rd highest globally.
Global Ranking - 2008▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Sierra Leone | 21.26% | -2.5% |
| 2nd | Brazil | 27.26% | 7.8% |
| 3rd | United States | 29.87% | 6.6% |
| 4th | Eritrea | 30.56% | -11.6% |
| 5th | Japan | 34.13% | 4.0% |
| 6th | Pakistan | 34.35% | 11.6% |
| 7th | Central African Republic | 34.44% | -8.4% |
| 8th | Burkina Faso | 35.39% | 4.8% |
| 9th | Haiti | 36.15% | 5.4% |
| 10th | Comoros | 36.22% | 9.2% |
| 11th | Sudan | 36.74% | 6.8% |
| 12th | Rwanda | 37.60% | 4.5% |
| 13th | Gambia, The | 39.09% | -11.8% |
| 14th | Colombia | 39.17% | 5.6% |
| 15th | Niger | 39.71% | 11.9% |
| 16th | Argentina | 40.40% | -1.3% |
| 17th | Bangladesh | 42.62% | 6.7% |
| 18th | Australia | 42.75% | 2.0% |
| 19th | Cuba | 44.92% | 18.3% |
| 20th | Guinea-Bissau | 45.14% | -2.4% |
| 21st | Nepal | 46.04% | 3.3% |
| 22nd | Benin | 47.78% | -2.7% |
| 23rd | Iran, Islamic Republic of | 48.23% | -3.3% |
| 24th | Tanzania | 49.03% | 2.0% |
| 25th | Türkiye | 50.76% | 5.7% |
| 26th | India | 53.37% | 16.8% |
| 27th | Russian Federation | 53.38% | 3.2% |
| 28th | Mali | 53.64% | 14.4% |
| 29th | Italy | 54.21% | -1.1% |
| 30th | Armenia | 54.54% | -4.3% |
| 31st | Spain | 55.83% | -3.1% |
| 32nd | Uganda | 56.26% | 20.3% |
| 33rd | Mexico | 56.37% | 2.0% |
| 34th | United Kingdom | 56.44% | 7.0% |
| 35th | China | 56.71% | -7.4% |
| 36th | Cameroon | 56.92% | 7.0% |
| 37th | Greece | 57.11% | 4.7% |
| 38th | Kenya | 57.58% | 6.8% |
| 39th | French Polynesia | 58.04% | 1.0% |
| 40th | Peru | 58.43% | 4.9% |
| 41st | Indonesia | 58.56% | 6.8% |
| 42nd | France | 59.18% | 1.8% |
| 43rd | Zambia | 59.45% | -9.6% |
| 44th | Dominican Republic | 61.43% | 0.3% |
| 45th | Côte d'Ivoire | 61.94% | 0.8% |
| 46th | Togo | 62.31% | 0.9% |
| 47th | Senegal | 62.76% | 5.9% |
| 48th | Sri Lanka | 63.37% | -7.6% |
| 49th | Guinea | 64.18% | -9.8% |
| 50th | New Zealand | 64.26% | 10.0% |
| 51st | Mozambique | 64.98% | -1.7% |
| 52nd | Romania | 65.18% | 2.6% |
| 53rd | Guatemala | 65.18% | -5.5% |
| 54th | Uruguay | 65.21% | 10.1% |
| 55th | South Africa | 65.97% | 15.5% |
| 56th | Canada | 67.02% | 1.1% |
| 57th | Philippines | 67.68% | -8.1% |
| 58th | New Caledonia | 67.92% | -5.9% |
| 59th | Chad | 69.07% | -8.0% |
| 60th | Ghana | 69.51% | 6.4% |
| 61st | Algeria | 71.03% | 5.2% |
| 62nd | Egypt, Arab Republic of | 71.68% | 10.1% |
| 63rd | Portugal | 72.08% | 3.0% |
| 64th | Tonga | 72.66% | 6.5% |
| 65th | Congo, Democratic Republic of | 72.95% | -0.1% |
| 66th | Samoa | 73.89% | -11.2% |
| 67th | Syrian Arab Republic | 74.23% | -2.8% |
| 68th | Madagascar | 74.36% | 11.5% |
| 69th | Ecuador | 74.59% | 8.3% |
| 70th | Norway | 74.79% | 4.0% |
| 71st | Albania | 75.25% | -5.8% |
| 72nd | Israel | 75.38% | -4.4% |
| 73rd | Serbia | 75.74% | 4.2% |
| 74th | Germany | 76.11% | 1.6% |
| 75th | Kosovo | 76.73% | - |
| 76th | Morocco | 77.83% | 9.1% |
| 77th | Guam | 78.27% | -1.5% |
| 78th | West Bank and Gaza | 79.48% | -13.6% |
| 79th | Uzbekistan | 79.75% | 7.2% |
| 80th | Poland | 80.57% | -0.2% |
| 81st | El Salvador | 80.67% | 3.9% |
| 82nd | Chile | 80.68% | 4.8% |
| 83rd | Paraguay | 80.78% | 2.2% |
| 84th | European Union | 80.78% | 1.2% |
| 85th | Iraq | 81.06% | 9.4% |
| 86th | Yemen, Republic of | 81.24% | 2.7% |
| 87th | Lao PDR | 81.85% | 3.3% |
| 88th | Iceland | 81.90% | 11.2% |
| 89th | Croatia | 82.08% | -1.4% |
| 90th | Bolivia, Plurinational State of | 82.87% | 8.9% |
| 91st | Bosnia and Herzegovina | 86.16% | 3.1% |
| 92nd | Finland | 86.19% | 4.0% |
| 93rd | Georgia | 86.30% | -2.4% |
| 94th | Costa Rica | 86.40% | -0.1% |
| 95th | Solomon Islands | 87.35% | 4.3% |
| 96th | Bahamas, The | 87.43% | -0.7% |
| 97th | Gabon | 89.00% | 4.5% |
| 98th | Azerbaijan | 89.24% | -7.7% |
| 99th | Qatar | 89.43% | -7.0% |
| 100th | Brunei Darussalam | 89.75% | 10.8% |
| 101st | Cabo Verde | 90.97% | -3.4% |
| 102nd | Korea | 92.08% | 29.1% |
| 103rd | Kuwait | 92.68% | 1.0% |
| 104th | Sweden | 92.81% | 3.6% |
| 105th | Mauritania | 94.12% | 9.4% |
| 106th | Ukraine | 94.17% | 7.0% |
| 107th | Kazakhstan | 94.29% | 2.3% |
| 108th | Turkmenistan | 94.72% | 68.3% |
| 109th | Oman | 94.76% | -0.1% |
| 110th | Kiribati | 95.44% | -0.7% |
| 111th | Latvia | 95.77% | -5.1% |
| 112th | Saudi Arabia | 96.10% | 1.3% |
| 113th | Nicaragua | 96.79% | 4.1% |
| 114th | South Sudan | 97.27% | - |
| 115th | Botswana | 99.01% | 0.5% |
| 116th | Northern Mariana Islands | 100.85% | -21.6% |
| 117th | Bhutan | 101.95% | -4.7% |
| 118th | Austria | 102.74% | 1.4% |
| 119th | Libya | 103.24% | 0.5% |
| 120th | Faroe Islands | 103.50% | 4.0% |
| 121st | Denmark | 104.47% | 4.4% |
| 122nd | Belize | 105.46% | 9.9% |
| 123rd | Vanuatu | 105.77% | 17.3% |
| 124th | Lebanon | 106.63% | 8.8% |
| 125th | Greenland | 107.37% | 13.1% |
| 126th | Angola | 108.68% | 11.8% |
| 127th | Suriname | 109.17% | 7.7% |
| 128th | Zimbabwe | 109.52% | 30.1% |
| 129th | Micronesia, Federated States of | 111.19% | 10.3% |
| 130th | North Macedonia | 111.57% | 5.2% |
| 131st | Cyprus | 112.93% | 1.5% |
| 132nd | Mauritius | 113.49% | -4.3% |
| 133rd | Tunisia | 114.34% | 9.9% |
| 134th | Tajikistan | 114.48% | -21.3% |
| 135th | Puerto Rico (US) | 116.28% | -1.1% |
| 136th | Switzerland | 116.78% | 3.0% |
| 137th | Namibia | 119.64% | 14.0% |
| 138th | Mongolia | 121.20% | 2.8% |
| 139th | Marshall Islands | 122.05% | 6.6% |
| 140th | Czechia | 123.90% | -4.6% |
| 141st | Bulgaria | 124.69% | 0.9% |
| 142nd | Palau | 126.28% | 10.0% |
| 143rd | Macao SAR, China | 126.61% | -3.1% |
| 144th | Lithuania | 126.76% | 9.0% |
| 145th | Equatorial Guinea | 128.69% | -4.0% |
| 146th | Belarus | 129.60% | 1.1% |
| 147th | Netherlands | 130.15% | 0.3% |
| 148th | Cambodia | 130.39% | -2.5% |
| 149th | Montenegro | 132.48% | 2.8% |
| 150th | Congo, Republic of | 133.11% | -10.4% |
| 151st | Moldova | 134.42% | -5.8% |
| 152nd | Timor-Leste | 135.25% | 5.0% |
| 153rd | Slovenia | 135.39% | -1.7% |
| 154th | Honduras | 135.75% | 0.5% |
| 155th | Estonia | 136.68% | 2.0% |
| 156th | Aruba | 139.11% | -0.6% |
| 157th | Thailand | 140.44% | 8.1% |
| 158th | Jordan | 140.91% | -3.5% |
| 159th | Bahrain | 145.88% | 5.9% |
| 160th | Kyrgyz Republic | 146.11% | 6.6% |
| 161st | United Arab Emirates | 148.51% | 8.6% |
| 162nd | Viet Nam | 154.32% | -0.2% |
| 163rd | Hungary | 158.45% | 1.8% |
| 164th | Ireland | 160.04% | 4.3% |
| 165th | Belgium | 161.09% | 5.7% |
| 166th | Lesotho | 161.13% | -2.4% |
| 167th | Slovak Republic | 162.46% | -2.5% |
| 168th | Nauru | 164.29% | - |
| 169th | Panama | 164.59% | 10.7% |
| 170th | Curaçao | 166.74% | 14.2% |
| 171st | Malaysia | 176.67% | -8.2% |
| 172nd | Malta | 185.75% | 0.5% |
| 173rd | Seychelles | 208.84% | 19.4% |
| 174th | American Samoa | 249.82% | 14.5% |
| 175th | Luxembourg | 292.21% | -5.0% |
| 176th | Hong Kong SAR, China | 376.66% | 4.0% |
| 177th | Singapore | 437.33% | 10.9% |
| 178th | Virgin Islands (US) | 863.20% | 54.0% |
FAQ
What was Kuwait's trade openness in 2008?▾
Kuwait's trade openness in 2008 was 92.68%. This ranked 103rd globally.
How did Kuwait's trade openness change in 2008?▾
Kuwait's trade openness increased by 1.0% in 2008 compared to 2007.
Which country had the highest trade openness in 2008?▾
Virgin Islands (US) had the highest trade openness in 2008 at 863.20%.
What is the trade openness of Kuwait in 2008?▾
The trade openness of Kuwait in 2008 was 92.68%. This ranked 103rd globally.
How does 2008 compare to 2007 for Kuwait's trade openness?▾
Kuwait's trade openness went from 91.73% in 2007 to 92.68% in 2008, a 1.0% increase.
HistorySaid - pattern alert
Kuwait matched the Fiscal Dominance Trap pattern in 2008. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 4.5%. View full analysis →
Related
2007
2009
All years
Full ranking 2008
Exports
Imports
Trade Balance
Current Account Balance
FDI Inflows
Peak: 1991
Lowest: 2002
Trade Openness 1990s
Trade Openness 2000s
Trade Openness 2010s
Trade Openness 2020s
Highest ever
Lowest ever
Average
vs Guyana
vs Portugal
vs Bahrain
vs New Caledonia
Organisation of Islamic Cooperation Trade Openness
OPEC Trade Openness
Gulf Cooperation Council Trade Openness
Global Ranking